Rapiscan Systems to Participate in TSA's Security Technology Integrated Program
(HAWTHORNE, Calif.--June 6, 2006) -- Rapiscan Systems, a division of OSI Systems, Inc. (Nasdaq:OSIS), today announced that it has been selected by the Transportation Security Administration (TSA) to participate in the Agency's Security Technology Integration Program (STIP). The initiative is being developed to link security equipment at 450 airports throughout the United States, allowing for real-time information sharing agency-wide.Phase one of the program will focus on the development, testing and piloting of Rapiscan Systems' Baggage and Parcel Inspection product line. This initial contract award, with an estimated value of $800,000, marks the start of the program. The second phase involves the deployment of STIP upgraded equipment at the nation's busiest airports. The terms of the contract for the second phase have yet to be finalized with the TSA.
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"This contract is an extension of Rapiscan Systems' already extensive footprint in, and understanding of, the U.S. airport system," said Ajay Mehra, President of Rapiscan Systems. "We applaud the TSA for fostering public-private partnerships in order to develop sophisticated, comprehensive solutions to today's complex security challenges. We are very excited to be working with the Agency on such an important issue."
Ultimately, STIP is expected to provide more accurate and timely information to key decision makers throughout the TSA. To do so, security equipment (metal detectors, X-ray machines, explosive detection systems, etc.) will be connected as a network capable of sending data between disparate sites and machines. The initiative will also allow administrative and technical communications such as streamlined security updates, alerting functions, remote maintenance and monitoring and asset management.
Source : Rapiscan Systems

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